The National Association of Independent Insurers (NAII) is pleased that the Connecticut Department of Insurance (DOI) took the lead and developed a uniform approach for insurers on the issue of mold and homeowners insurance.
The DOI recently issued guidelines for form filings that propose to limit or exclude coverage for mold. All companies must withdraw and re-file any forms, rates or rules that do not conform to these guidelines.
"NAII worked closely with others in the industry, encouraging the Department of Insurance to take the right approach on this issue and develop guidelines that would be clear and consistent," said NAII Senior Counsel Gerald L. Zimmerman. "We applaud their timely response in putting the guidelines together and we appreciate them for seeking input from the industry."
